Category: CryptoQuant
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American Investors Drive Toncoin Rally, Europeans More Bearish: CryptoQuant
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Toncoin (TON), the native token of the Open Network blockchain, has emerged as one of the most popular tier-1 cryptocurrencies. Since the start of 2024, its price has outperformed Bitcoin by a staggering 118%, according to the latest analysis by CryptoQuant. The on-chain analytics firm has now reported that while…
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American Investors Drive Toncoin Rally, Europeans More Bearish: CryptoQuant
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Toncoin (TON), the native token of the Open Network blockchain, has emerged as one of the most popular tier-1 cryptocurrencies. Since the start of 2024, its price has outperformed Bitcoin by a staggering 118%, according to the latest analysis by CryptoQuant. The on-chain analytics firm has now reported that while…
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Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant
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The price of Bitcoin (BTC) rose beyond the $60,000 level to the $67,000 region on news of a lower-than-expected inflation rate in the United States. According to the latest weekly CryptoQuant a reportBitcoin’s recent rally has also been sustained by the recent decline in selling pressure. However, the demand for…
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Dencun Destroyed The Ethereum “Ultra-Sound Money” Narrative: CryptoQuant
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Researchers at CryptoQuant, a cryptocurrency analysis platform, are here refute The idea that Ethereum is “super money,” especially after the upcoming Dencun upgrade took effect in mid-March. Analysts note that the hard fork slowed down the number of coins going into the “furnace.” Accordingly, ETH is now more deflationary, considering…
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Dencun Destroyed The Ethereum “Ultra-Sound Money” Narrative: CryptoQuant
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Researchers at CryptoQuant, a cryptocurrency analysis platform, are here refute The idea that Ethereum is “super money,” especially after the upcoming Dencun upgrade took effect in mid-March. Analysts note that the hard fork slowed down the number of coins going into the “furnace.” Accordingly, ETH is now more deflationary, considering…